The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1887-03-19

silver. The district is the home o
the Ida Elmore mine, which ir
thirty days, with a twenty-stamE
mill, pounded out $5DO.0OO, the
largest months yield of one mine
with mill of this limited capacity
yet recorded in the world. Fol
years the search for gold has been
going on, especially by following
up the course of Salmon river, and
some time about 1876, the mines ol
YANKEE FORK DISTRICT
Were found where some of the rich.
est free gold quartz lodges are To-
Gated, and near them are the large
galena districts of Challis and Bay
horse, and this district also con-
tains the Cutter ledge, the giant
among large mines, from whose
mammoth outcrop four men quar-
ried out in eleven months of 1881,
the enormous amount of 81 ,OO2, ,1S4
worth of ore. Just south of this,
over the Sawtooth range of mount
aims, are located the rich galena
mines of Wood River, which are
just beginning to be opened up,
and although hardly prospected
yet, they are yielding some $2,OOO,-
coo to 50, COZ, 900 per anunm. Large
portions of this vast region has
never yet been prospected, and it
is hard telling what may be found
in these rugged mountains. Of late
years the rich gold deposits of the
famed CGur d'Alene district have
been attracting much attention, and
when once fully prospected will
prove one of the richest camps in
the Northwest, and also the won
derful deposits of galena in the
Wardner district in the northern
part of this territory, and the large
amount of Montana capital recent
ly taken in there will doubtless
make one of the greatest wealth
producing camps in this territory
inside of the next two years. The
precious metal output of this terri
up to date is estimated at $l3O, ,OOO,-
600.
LARGE BODIES OF IRON ORE,
Enough to supply great nation
are to be found in this territory. In
the southwestern part is the Mar
ragansett iron mine, where the sur
face of the wien, 100 by 600 feet,
has been slipped and the limit has
not yet been found, assaying from
80 to 95 per cent, pure iron. For
the year 1886 We see that fifty new
iron companies were organized in
Milwaukee, Wis, and there was
fifty more in operation before, max
ing in all a combined capital stock
of 115,643,OO0, and money is now
going into Birmingham, Ala. by
the million to open up the mines
there, but not one dollar can be
got to open the iron industries of
this great territory. On the head
of the Weiser, and near the center
of the territory are to be found vast
DEPOSITS OF COPPER,
In leads, easy to work If roads
were only constructed into the
country. Copper mining has been
very profitable in some parts of the
world, particularly the northern
peninsula of Michigan, which we
would like to briefly refer to one
or two instances. During the year
1886 the following dividends were
paid by copper interpretations on
Lake Superior Quincy Co., $24O,-
600; Calumet & Hecla Co., 81 ,5OO,-
600.
The following copper incorpora-
tions have paid from the time Of
of their interpretations till the pres
ent time, as follows: Atlantic
Copper Co., 100000; Franklin
Copper Co., $3.50, 600; Osceola Cop
per Co., $1,O72,OOO; Central Cop
per Co., $1,75O,OOO; Quincy Cop
per Co., $4,47O,OOO; Calumet 4
Hecla Copper Co., $28, $4,000.
Many companies in this district
paid smaller amounts. We have
only taken a few of the oldest COM
panies, but enough to show that
copper mines, rightly and honestly
managed, do pay for working. In
the eastern part of the territory are
to be found extensive beds of btu
minous coal, but, like the iron beds
but little work has ever been done
on them, for it is hard to get capi-
tai enough to work few of the
gold and silver mines, without try
ing to open copper, iron or coal de-
posits. Numerous quarries of gram
ite have been found, together with
marble, mica, etc. In the south
east, in Oneida county, salt springs
abound, and about 600, 600 pounds
of pure table salt is annually made.
SNAKE RIVER PLAcERs.
Nearly from its source to its
mouth, upwards of thousand
miles in length, it has been know
for over twenty years that gold
abounds on Snake river; but the
particles are as fine as flour, and it
Is with great difficulty that enough
can be saved to pay even small